Sustainable Supply Chain
Significant environmental and social impacts associated with organisations’ operations are embedded in their supply chains. These impacts range from climate change to resource efficiency, fair working conditions, child labour and corruption. The COVID-19 pandemic and recent geopolitical conflicts have also showcased the vulnerability of supply chain operations. Realising the extent of sustainability-related risks, many organisations are extending actions in their value chain by cascading sustainable practices across their network of suppliers and contractors. While doing so, organisations need to understand the complexity of supply chains, their evolving regulations and policies across geographies and the multiplicity of global supply chain standards.
Our experts help organisations embark on their sustainable supply chain journey by using the D3 approach:
- Developing sustainable supply chain policies, strategies, and governance structures
- Providing visibility of suppliers by mapping the supply chain network and identifying critical suppliers
- Incorporating sustainability and ESG concerns into supplier onboarding and assessment process
- Monitoring supplier performance through audits & assessments, and identifying areas of improvement
- Building capacities of suppliers on sustainability and ESG to enhance engagement, facilitate knowledge sharing and recognise the best performers